ARTHUR F SCHAAP (NM) - 2020 PPP Loan Borrower Profile (# 9724957004)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARTHUR F SCHAAP. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in New Mexico.

Loan Detail

Loan Number

9724957004

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$503,403

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$509,250.75

Date Loan was Forgiven

Jun 15, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

503,403

Lender

First Interstate Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

112120

Borrower Location

CLOVIS, NM

Project Location

CLOVIS, NM

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.